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DLT makes diamond industry more transparent -Breaking


Blockchains will be forever. DLT makes the diamond industry transparent.

Diamonds are some of the world’s most valued gemstones, and the global diamond industry has managed to remain afloat despite being partially eclipsed by the emergence of modern stocks and novel virtual assets.

The diamond industry, however, appears to be undergoing a paradigm shift in recent times — incorporating modern technology such as blockchain to improve diamond production, tracking and ultimate sales.

Sierra Leone diamond prospectors Source: AP